The largest volume of governmental support was directed to small- and medium-sized enterprises in Russia in order to overcome the coronavirus-evoked crisis. With over 400 billion Russian rubles, deferred tax and insurance payments for affected SMEs was the type of aid with the highest value of the governmental support.
Governmental support to business in view of the coronavirus (COVID-19) influenced crisis in Russia in 2020, by type
(in billion Russian rubles)
Characteristic
Grants in billion Russian rubles
Deferred tax** and insurance payments for affected SMEs during 6 months
410
Reducing the rate of insurance contributions from 30 to 15% for subjects of SMEs*
350
Subsidies to companies for the amount of 1 minimum wage
80
Soft loans to backbone entreprises to replenish working capital****
60
Industry support: airlines
24
Guarantee fund for company support
23
Support for small businesses***
18
Grants for deferred loan payments for SMEs (one third of the loan)
* Between 285 and 350 billion Russian rubles.
** Deferrals on taxes, contributions and loans for SMEs.
*** For example, working capital loans for micro-trading enterprises.
**** The cost of interest rate subsidies. Between 24 and 60 billion Russian rubles.
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RBC.ru. (April 28, 2020). Governmental support to business in view of the coronavirus (COVID-19) influenced crisis in Russia in 2020, by type (in billion Russian rubles) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1114969/russia-governmental-support-to-business-affected-by-covid-19/
RBC.ru. "Governmental support to business in view of the coronavirus (COVID-19) influenced crisis in Russia in 2020, by type (in billion Russian rubles)." Chart. April 28, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1114969/russia-governmental-support-to-business-affected-by-covid-19/
RBC.ru. (2020). Governmental support to business in view of the coronavirus (COVID-19) influenced crisis in Russia in 2020, by type (in billion Russian rubles). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1114969/russia-governmental-support-to-business-affected-by-covid-19/
RBC.ru. "Governmental Support to Business in View of The Coronavirus (Covid-19) Influenced Crisis in Russia in 2020, by Type (in Billion Russian Rubles)." Statista, Statista Inc., 28 Apr 2020, https://www.statista.com/statistics/1114969/russia-governmental-support-to-business-affected-by-covid-19/
RBC.ru, Governmental support to business in view of the coronavirus (COVID-19) influenced crisis in Russia in 2020, by type (in billion Russian rubles) Statista, https://www.statista.com/statistics/1114969/russia-governmental-support-to-business-affected-by-covid-19/ (last visited November 21, 2024)
Governmental support to business in view of the coronavirus (COVID-19) influenced crisis in Russia in 2020, by type (in billion Russian rubles) [Graph], RBC.ru, April 28, 2020. [Online]. Available: https://www.statista.com/statistics/1114969/russia-governmental-support-to-business-affected-by-covid-19/
